Close to $2.1 billion in cumulative disclosed corporate-level investment was deployed into off-grid energy access markets between 2010 and 2019, Wood Mackenzie has estimated. Off-grid refers to power generated and consumed locally either on a standalone basis or through a mini-grid. Wood Mackenzie estimates 420 million people now use standalone Read more…
CHANDIGARH: The UT administration is all set to introduce the Renewable Energy Service Company Model (Resco) model in the city to tap solar energy on private residential houses. Under the model, the UT will rope in private companies to install solar plants atop houses. In return, the building owner will Read more…
Agra: To save power and promote use of green energy, Agra Municipal Corporation (AMC) administration is planning to set up a high capacity solar plant at its head office on MG Road. The installation of the 325-kilowatt capacity plant is estimated to cost Rs 15 crore. The contract for the Read more…
MUMBAI: A campaign that promotes solar energy for electric charging stations of BEST buses, #SolarwalaBEST, gained momentum on Monday with students creating awareness in south Mumbai and a petition being signed by nearly 1,400 people on social media. NGO Waatavaran, which is behind the movement, said it aims for at Read more…
India’s NTPC Ltd. plans to set up a 5 gigawatt solar park in the western state of Gujarat, which would be the biggest in the country, as the top electricity generator shifts toward cleaner energy. A site has been identified for the project, which is expected to cost as much Read more…
New Delhi: Covid-19 is expected to deliver a big blow to the power sector as distribution companies have stopped payments to power producers as state electricity departments are not taking coercive actions to recover bills from consumers. This has put a question mark on recovery of payments from the current Read more…
NEW DELHI: GAIL has entered exclusive discussions to buy a stake in privately owned solar power generator ACME Solar holdings, according to four people aware of the matter. The state-owned company formerly known as Gas Authority of India is said to be carrying out due diligence on solar power plants Read more…
NEW DELHI: The country’s rooftop solar energy capacity stands at 1,922 mega watt (MW) and so far over Rs 1,874 crore has been released as central financial assistance towards installation of capacities in the sector, Parliament was informed on Tuesday. Till March 13, 2020, rooftop solar power plants of an Read more…
Indian green power firms can no longer take for granted that the tariffs at which they won projects in auctions will actually be adopted, Ranjit Gupta CEO of solar developer Azure Power told ET, citing it as a challenge for the sector. The New York-listed firm was a pioneer in Read more…
The Government has approved launch of new scheme for farmers for installation of solar pumps and grid connected solar power plants, with an objective of providing financial and water security to farmers. The scheme consists of three components: Component-A: 10,000 MW of Decentralized Ground Mounted Grid Connected Renewable Power Plants. Read more…